#7 Cancellation of Debt!

If you have or had a revolving derogatory trade line item on your credit report, according to FCRA at the 7th year creditors are required to cancel the debt and the CRAs are required upon notice to remove that negative trade-line off your credit report. Did you know this guiding precept dates back to the 7th Century B.C.? Deut 15:1 says, “At the end of every 7th year you must cancel the debts of everyone who owes you money.” The difference today versus back then was the 7th century creditor had the right to nail a notice to the door post of the home so that anyone passing by could see the person in that house didn’t repay their debts. Now, we all owed a sin debt to God and that sin debt had no expiration date. However, in lieu of nailing notices to the door post of our homes; God in Christ Jesus decided to nail them to the cross on Calvary’s Hill some 2,000 years ago. Therefore, this week as we remember Jesus’ death we can rejoice knowing that Jesus paid it all!! Col 2:14 says, “He canceled the record of the charges [sin debt] against us and took it away [paid the debt] by nailing it to the cross.” Somebody say, “Thank you Jesus and AMEN!!”

About Noel Pinnock and Lowell Pinnock

Noel Pinnock is a published author and recognized expert with over 25 years of experience in transforming under performing companies into positions of prosperity and optimum value. He specializes in strategic, operational, and tactical services. As a nationally certified public manager, he has been responsible for overseeing many large-scale organizational transformations. We are #4given, saved by the blood of Christ.
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